Pak envoy proposes steps to reduce trade gap
Pakistan can become a vital market for Bangladeshi ceramics and pharmaceuticals, Afzaal Mah-mood, Pakistan's acting high commissioner to Bangladesh, said
yesterday.
The diplomat presented three proposals for reducing trade gap between the two countries, including proper initiatives through Bangladesh-Pakistan Joint Economic Commission.
The two other proposals include joint intervention by the Chittagong Chamber of Commerce and Industry (CCCI) and Pakistan High Commission and enhancing activities between the Federation of Bangladesh Chambers of Commerce and Industry and the Federation of Pakistan Chambers of Commerce and Industry.
Mahmood spoke at a meeting with the leaders of CCCI at its office in Chittagong.
He emphasised sending a business delegation, removing non-tariff barriers and reforming monetary exchange systems to further the cause, CCCI said in a statement.
Mahmood expected that results can be achieved in this regard by proper implementation of the proposals.
Murad Ibrahim, CCCI president, informed the high commissioner about the plan of sending CCCI business delegation and participating in exhibitions in Pakistan to display Bangladeshi products.
“A direct shipping line between Chittagong and Karachi should be established in order to expand bilateral trade and business,” said MA Salam, director CCCI.
Salam added that Bangladesh-India bilateral trade has yielded good benefits under Safta and emphasised removing hurdles to gain the same with Pakistan.
Other CCCI directors also spoke.
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